Tag: casinos

The $258 million HK dollar-denominated transaction comes at a time of strong focus on Macau's casino industry and attracts more than 100 investors. In a tough market, casino operator SJM prices Hong Kong’s third largest IPO this year, while sportswear company XDLong is forced to cancel its listing plans. The $165 million placement attracts $1.6 billion of demand following Permira's 20% investment in the Macau casino operator, but the deal is priced below the mid-point. A week after The Venetian opens, specialists express their views on who will win and who will lose in the competitive Macau gaming market.